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Homeland Uranium Corp. (OTCQB: HLUCF) has secured crucial permits from the US Bureau of Land Management and Colorado Division of Mine Reclamation and Safety to begin its drilling program at the Coyote Basin Project in northwest Colorado.
The approved Part 1 of Phase 1 Exploration Plan includes 35 reverse circulation holes totaling 17,000 ft (5,300 m). The complete Phase I plan encompasses 50-70 holes totaling 33,000 ft (10,000 m). Drilling is expected to commence around October 15th, 2025, focusing on historical resource-bearing locations identified by previous operators and the Company's June mapping program.
Part 2 drilling locations will be determined based on Part 1 results and will require separate regulatory approvals.
Homeland Uranium Corp. (OTCQB: HLUCF) has announced the acquisition of the Skull Creek Uranium Project in Moffat County, Colorado from Hightest Resources. The property contains a significant historical resource estimate of 44.2M lbs U3O8 at 0.31% U3O8 grade.
The 1,489-acre property, being renamed as the Cross Bones Deposit, consists of 154 unpatented mining claims and one state exploration lease. The acquisition terms include US$300,000 cash and 750,000 common shares, plus a 2% NSR royalty (1.5% on SEP Lands). Additional contingency payments are tied to resource milestones, potentially reaching US$500,000 in cash and US$500,000 in shares if resources exceed 30M lbs U3O8.
The property is strategically located adjacent to Homeland's Red Wash Project and near its Coyote Basin Project, offering potential operational synergies.
Homeland Uranium Corp. (OTCQB: HLUCF) has appointed renowned geologist Brent Cook as Strategic Advisor, effective September 1, 2025. Cook, founder of Exploration Insights, brings over 30 years of experience in property economics and geology evaluations across 60 countries. His extensive background includes uranium exploration and advisory roles for major mining companies like Barrick Gold, Newmont Mining, and Rio Tinto.
The company has granted Cook 200,000 stock options at an exercise price of $0.43 per share, expiring September 1, 2030, with quarterly vesting over three years.
Homeland Uranium (OTCQB: HLUCF) has announced significant findings from its Phase I bedrock mapping program at the Coyote Basin and Red Wash Uranium Projects in Colorado. The program has confirmed four radioactive stratigraphic horizons extending approximately 14 kilometers in strike length at Coyote Basin. The highest radioactivity detected was 400 cps, nearly eight times above background levels, found in Horizon 2.
The mapping results validate historical exploration data from Western Mining's 1970s work. The company is preparing for a Phase II drilling program scheduled for late Q3 or early Q4 2025, pending regulatory approvals. At the Red Wash Project, initial prospecting confirmed a continuous weakly radioactive horizon with readings up to 109 cps. The company has submitted 94 rock samples for laboratory analysis, with results pending.
Homeland Uranium (OTCQB: HLUCF) has filed a Notice of Intent (NOI) with regulatory authorities to initiate a significant exploration program at its Coyote Basin Uranium Project in Colorado. The company plans a 36-hole, 6,000-meter drilling program and three trenching operations as part of Phase II exploration.
The program aims to verify historical uranium mineralization from the 1970s, with previous outcrop samples showing concentrations up to 0.146% U3O8. Phase I mapping has confirmed radioactive stratigraphic horizons with readings up to 400 cps (eight times background levels). The company's goal is to bring historical uranium and vanadium resources into compliance with National Instrument 43-101 standards.
Homeland Uranium Corp. (OTCQB: HLUCF) has announced its participation in the Rick Rule Symposium 2025, a natural resource and commodities investing conference taking place in Boca Raton, Florida from July 7-11, 2025.
CEO Roger Lemaitre will deliver two presentations: a Breakout session on July 9 at 5:10pm ET and a Lunch presentation on July 10 at 1:00pm ET. The company will provide updates on their Phase I exploration program at the Coyote uranium project in Colorado and discuss Phase II plans to convert Western Mining's historical resources to modern standards.
The event will be available both in-person and online, with on-demand content accessible until December 31, 2025.
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